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Latest Stories


esVolta Secures $140 Million Credit Facility for Portfolio of Battery Energy Storage Projects

ALISO VIEJO, Calif. (February 24, 2020) — esVolta, LP today announced that it has closed an approximately $140 million senior secured credit facility to finance a portfolio of its utility-scale battery energy storage projects. The credit facility was provided by CIT’s Power and Energy business ...


TECO Announces $800-Million Investment in New Solar

Tampa Electric Co. (TECO) on Feb. 19 said it plans to invest about $800 million to add another 600 MW of solar power generation capacity by year-end 2023. TECO on Wednesday said the expansion will increase its solar portfolio to more than 1.25 GW of solar generation, or about 14% of its total ...


France Announces Fessenheim Nuclear Power Plant Closure

France, which has long relied on reactors to supply the bulk of the country’s electricity, on Feb. 19 announced the imminent closure of the Fessenheim nuclear plant, located on the country’s border with Germany. One of the plant’s two 920-MW pressurized water reactors will shut down within ...


UAE’s First Reactor Gets Go-Ahead

The United Arab Emirates (UAE) is set to begin commercial operation of the Middle East’s first nuclear power plant, after the country’s regulatory agency on Feb. 17 gave its approval for the start-up of the first reactor at the Barakah site. The plant can now begin loading fuel, and Unit 1 is ...


RENEWABLE POWER Direct—February 19, 2020

February 19, 2020 Vestas, Siemens Gamesa, GE Top Wind Turbine Growth An energy and finance research group on Feb. 18 said Siemens Gamesa Renewable Energy’s (SGRE’s) offshore wind installations make it far and away the market leader in that category, while… Read More ITC Probing ...


Vestas, Siemens Gamesa, GE Top Wind Turbine Growth

An energy and finance research group on Feb. 18 said Siemens Gamesa Renewable Energy’s (SGRE’s) offshore wind installations make it far and away the market leader in that category, while Danish wind turbine manufacturer Vestas continues to lead the onshore and overall wind turbine market. The ...